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Olympic Steel posts 3Q profit

HIGHLAND HILLS, Ohio (AP) _ Olympic Steel Inc. (ZEUS) on Wednesday reported third-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier.

The Highland Hills, Ohio-based company said it had profit of 20 cents per share.

The steel maker posted revenue of $331.4 million in the period.

Olympic Steel shares have declined 24 percent since the beginning of the year. The stock has increased roughly 1 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZEUS at https://www.zacks.com/ap/ZEUS